RESOLUTION NO. 25-0056
A RESOLUTION OF THE MANHATTAN BEACH CITY
COUNCIL APPROVING AMENDMENT NO. 1 TO THE
AGREEMENT BETWEEN THE CITY OF MANHATTAN
BEACH AND STRADLING, YOCCA, CARLSON & RAUTH
FOR BOND AND DISCLOSURE COUNSEL SERVICES
THE MANHATTAN BEACH CITY COUNCIL HEREBY RESOLVES AS
FOLLOWS:
SECTION 1. The City Council hereby approves Amendment No. 1 to the Agreement between the City of Manhattan Beach and Stradling, Yocca, Carlson & Rauth dated June 4, 2025, for Bond and Disclosure Counsel services in the amount of:
Bond Counsel
General Lease Financings (General, CIP, Parking Funds) - $60,000 inclusive of expenses
Assessment District Financings - $60,000 per district (incl. expenses) and $20,000 per additional district in same financing
Disclosure Counsel
General Leases and Assessments (above) $30,000 per financing including all expenses.
SECTION 2. The Council hereby directs the City Manager to execute the Amendment on behalf of the City.
SECTION 3. The City Clerk shall certify to the passage and adoption of this resolution.
ADOPTED on June 3, 2025.
AYES:
NOES:
ABSENT:
ABSTAIN:
_________________________________
AMY THOMAS HOWORTH
Mayor
ATTEST:
_________________________________
LIZA TAMURA
City Clerk